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Portfolio (Quarterly) Guide ↗

Carnegie Investment Counsel

· CIK 0001511506
13F Portfolio $5.1B AUM 559 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 35 New 189 Added 239 Reduced 40 Exited
Page 12 of 12  ·  239 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 IJJ ISHARES TR 2,061.0 $273K 0.01% -278.0 -11.9% $132.51 +9.3%
222 PANW PALO ALTO NETWORKS INC Technology 1,696.0 $272K 0.01% -566.0 -25.0% $160.32 +79.5%
223 ARHS ARHAUS INC Consumer Cyclical 40,000.0 $271K 0.01% -100K -71.5% $6.78 +7.1%
224 SPLV INVESCO EXCH TRADED FD TR II 3,705.0 $271K 0.01% -69.0 -1.8% $73.14 -0.1%
225 SCHE SCHWAB STRATEGIC TR 7,939.0 $262K 0.01% -89.0 -1.1% $32.95 +11.9%
226 SCHV SCHWAB STRATEGIC TR 8,134.0 $248K 0.01% -906.0 -10.0% $30.50 +13.3%
227 DKNG DRAFTKINGS INC NEW Consumer Cyclical 11,400.0 $246K 0.01% -23K -66.6% $21.62 +22.1%
228 IWV ISHARES TR 633.0 $235K 0.01% -168.0 -21.0% $370.68 +14.6%
229 BSJQ INVESCO EXCH TRD SLF IDX FD 9,965.0 $231K 0.01% -1K -9.1% $23.18 -0.4%
230 HPE HEWLETT PACKARD ENTERPRISE C Technology 9,524.0 $227K 0.00% -4K -29.6% $23.81 +99.1%
231 MAS MASCO CORP Industrials 3,597.0 $217K 0.00% -1K -28.7% $60.37 +23.2%
232 MKL MARKEL GROUP INC Financial Services 110.0 $211K 0.00% -10.0 -8.3% $1914.07 -3.5%
233 SWKS SKYWORKS SOLUTIONS INC Technology 3,783.0 $203K 0.00% -350.0 -8.5% $53.55 +35.3%
234 EEM ISHARES TR 3,545.0 $201K 0.00% -300.0 -7.8% $56.79 +24.7%
235 IXJ ISHARES TR 2,150.0 $201K 0.00% -351.0 -14.0% $93.54 -0.6%
236 METV LISTED FDS TR 11,270.0 $180K 0.00% -100.0 -0.9% $15.93 +17.1%
237 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 18,135.0 $153K 0.00% -300.0 -1.6% $8.45 +45.3%
238 IOVA IOVANCE BIOTHERAPEUTICS INC Healthcare 34,600.0 $121K 0.00% -1K -3.9% $3.51 +11.4%
239 NEOG NEOGEN CORP Healthcare 12,500.0 $116K 0.00% -10K -43.7% $9.29 +0.2%
Page 12 of 12  ·  239 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 23.5%
Financial Services 18.9%
Industrials 13.6%
Communication Services 10.0%
Consumer Cyclical 10.0%
Healthcare 9.6%
Consumer Defensive 3.9%
Utilities 3.8%
Energy 2.5%
Basic Materials 2.4%